California's New Law: Turning Parking Lots into Affordable Housing 　　Introduction　　In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing. 　　The Law's Provisions　　The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...

　　Generative AI: Adobe's Finance Organization Embraces Innovation 　　Introduction　　Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...

November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.

The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.

12:00 PM EST, 12/20/2024 (MT Newswires) -- All three major US stock indexes were up around midday on Friday after the release of better-than-expected inflation data in the morning. Monthly core inflation for November rose 0.1% compared with 0.3% in October and below expectations of a 0.2% rise, according to Bloomberg. The annual core inflation rate was steady at 2.8%,...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Nov. PCE at 2.4% on yearly basis, below estimated 2.5% * Lilly up after Novo Nordisk drug shows less weight loss in trial * Indexes up: Dow 1.38%, S&P 500 1.31%, Nasdaq 1.30% (Updates to late morning trading) By...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Nov PCE at 2.4% on yearly basis, below estimated 2.5% * Lilly up after Novo Nordisk drug shows less weight loss in trial * FedEx ( FDX ) up after announcing freight truck division spinoff * Indexes down: Dow...

* US PCE inflation edges higher in November * US consumer spending rises last month, though less than expected * US 10-year yields on track for largest daily fall in four weeks * US yield curve flattens after PCE data (Adds new comment, bullets, yield curve, graphic, Fed officials' remarks; updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Dec 20 (Reuters)...

PALO ALTO, California, Jan 23 (Reuters) - A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday. The German automaker agreed in November to invest $5.8 billion in the joint venture, which will integrate advanced electrical infrastructure...

STOCKHOLM, Jan 24 (Reuters) - Swedish telecom equipment maker Ericsson reported on Friday a rise in fourth-quarter revenue and adjusted operating profit as its mainstay North American market returned to growth. Net sales rose 1% to 72.9 billion crowns ($6.66 billion), beating estimates of 72.5 billion. In North America, sales were up 54%. We see further signs that the overall...

In the preceding three months, 13 analysts have released ratings for Guidewire Software ( GWRE ) , presenting a wide array of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...

By Sinéad Carew and Johann M Cherian (Reuters) -The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in interest rates and oil prices. At the World Economic Forum in Davos, Switzerland, Trump demanded that OPEC lower...

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...

SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...

(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...

March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...

The crypto market suffered a dramatic crash after what seemed like a short-lived recovery following US President Donald Trumps strategic crypto reserve announcement. While Bitcoin is down by over 10% on Tuesday, the rest of the crypto market cap has slid below $2.8 trillion. Arthur Hayes, former CEO of BitMEX, argues that Trumps economic strategy could have a significant impact...

Amid a notable downturn in the digital asset markets, blockchain developer activity has continued to rise, defying concerns that the ‘crypto market is dead.’ A recent report from Santiment highlights growth in development efforts across the top ten crypto ecosystems, with increases ranging from 11% to 26% in the past month. Increased Developer Activity According to analysis from the blockchain...

There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoins steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media channels and has prompted concerns about a potential repeat of the 2022 bear market, according to Santiments latest insight. However, optimism briefly resurfaced over the weekend after US President Donald...

After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking enforcement action. While the agency has not disclosed the specific reasoning behind its decision, the move aligns with a broader shift in the SECs approach to cryptocurrency regulation. NFTs Not Securities...